Question: 11. Based on the following information, separately compute the amount of cash and cash equivalents that will appear as a current asset on a balance
11. Based on the following information, separately compute the amount of cash and cash equivalents that will appear as a current asset on a balance sheet. Commercial paper maturing in 4 months $ 1,600 Un cashed tax refund check $ 1,000 Petty cash $ 155 Certificate of deposit $ 1,675 Balance in Kingsville Savings & Loan savings account $ 3,000 Postage $ 50 Balance in Kingsville Bank checking (250) Treasury note maturing in six months $ 2,450 Cash on hand S 650 Postdated customer check S Employee travel advance $ Treasury bill maturing in one month $ 5,500 175 195
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